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Business, 15.04.2020 03:49 dayday0

The SML helps determine the risk-aversion level among investors. The steeper the slope of the SML, the the level of risk aversion. Which of the following statements best describes a shift in the SML caused by increased risk aversion

The risk-free rate will increase.
The risk-free rate will remain constant.
The risk-free rate will decrease.

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The SML helps determine the risk-aversion level among investors. The steeper the slope of the SML, t...
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